Nanshan Aluminium announces share repurchase plan, details major shareholders

Shandong Nanshan Aluminium Company Limited has approved a share repurchase plan, proposing to use RMB 300 million to RMB 600 million of its own funds. This initiative, passed by the eleventh board of directors on December 22, 2025, aims to reduce the company's registered capital through concentrated bidding transactions. The plan awaits approval at the first extraordinary general meeting in 2026.

As of December 22, 2025, prior to the repurchase announcement, Shandong Yili Power Co., Ltd. and Nanshan Group Co., Ltd. were the two largest shareholders, holding 22.48% and 20.30% respectively. China Securities Finance Co., Ltd. and Hong Kong Securities Clearing Company Limited followed, with 5.13% and 5.08% of total shares.

The top ten shareholders with no sales restrictions mirror the overall top ten shareholders. The repurchase details were disclosed on the Shanghai Stock Exchange website on December 23, 2025.